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20131202
20131210
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of it. michelle meyer joins us. she nailed the housing rebound. we dragged her in here to tell us where we go from here. i year-and-a-half, you were all over this. now what? >> i think this will mark the strongest year for many years. this year. we're on track for just over 10%. that is not the new normal. we will see moderation from here on. prices are affected by exceptional factors. those are now coming down. distressed properties were very attractive to investors that bought. an extremely low inventory. the market needs to normalize again. >> this dovetails into the cautious call on growth. looking at the fourth quarter, you nailed it. are you more optimistic for 2014? >> we can finally say yes. we are a bit more optimistic. still cautious, but looking for a better year in terms of growth. think about the dynamics. considerable fiscal constraints. we're going to see environment -- it will allow for the underlying economy to look stronger. >> the bloomberg political analyst is with us -- sequestration in 2014 is different for him last year. >> they realize -- both sides realize they
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